The basis of allotment for Crizac IPO will be announced today, July 7, 2025. The bidding window was open from July 2, 2025, to July 4, 2025, during which the IPO received 91,86,25,291 bids against 2,58,36,909 total shares offered.
Crizac IPO is a bookbuilding issue of ₹860.00 crores, consisting entirely an offer for sale of 3.51 crore shares.. The price band is set at ₹245 per share.
Equirus Capital Private Limited is the book-running lead manager, while MUFG Intime India Private Limited is the registrar for the Crizac IPO.
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[4 July, 2025, End of the day]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers(QIBs) |
134.35 |
Non-Institutional Investors |
76.15 |
Retail Individual Investors(RIIs) |
10.24 |
Total |
59.82 |
The company will not receive any proceeds from the OFS [offer for sale] component.
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As of 7 July 2025, Crizac IPO GMP stood at ₹12. The expected listing price is ₹43, i.e., a 17.55%% gain per share over the upper price band.
Source: Business Standard Report dated 7 July, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Crizac is a B2B education platform that connects international student recruitment agents with global higher education institutions. The company specialize in providing end-to-end recruitment solutions to universities and colleges across key destination markets including the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ).
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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